PEKING (dpa-AFX) - NetEase, Inc. (NTES) reported that its first-quarter net profit attributable to shareholders was RMB941.7 million or US$149.5 million, up from RMB737.4 million in the year ago quarter. Earnings per ADS was US$1.14, compared to US$0.89 in the prior year quarter.
Total revenues for the first quarter of 2012 were RMB2.0 billion or US$318.2 million, compared to RMB1.5 billion in first quarter of 2011.
Analysts polled by Thomson Reuters expected the company to report earnings of US$1.01 per share on revenues of US$310.19 million for the quarter. Analysts' estimates typically exclude special items for the quarter.
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